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TikTok creator’s Spirit Airlines buyout campaign exceeds $335M in pledges

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TikTok creator's Spirit Airlines buyout campaign exceeds $335M in pledges

One week after Spirit Airlines shut down operations, a new campaign to save the budget carrier has gained traction online, with more than $335 million in pledges.

TikTok creator Hunter Peterson posted a video last weekend proposing a plan to purchase Spirit through crowdfunding.

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In the video, which has garnered more than 7 million views, Peterson suggested that if enough people contributed, the airline could be revived.

“This is a genius idea: We nationalize Spirit Airlines, owned by the people. Airlines gone. We make a new airline,” he said.

SPIRIT AIRLINES SHUTS DOWN IMMEDIATELY, STRANDING TRAVELERS: HERE’S HOW TO GET YOUR MONEY BACK

Spirit Airlines planes on tarmac amid bankruptcy

Spirit Airlines jets sat on the tarmac as the company ceased operations at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on May 2, 2026. (GIORGIO VIERA/AFP via Getty Images / Getty Images)

Shortly after posting the video, Peterson launched letsbuyspiritair.com, which as of Saturday night had raised at least $337 million in nonbinding pledges.

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The site allows users to pledge toward a proposed ownership stake in Spirit Airlines, though the contributions do not involve actual payments and instead reflect expressed interest.

Peterson later said in a follow-up video that the idea was gaining momentum.

“This started as a joke and this is rapidly going out of control in the best possible way,” Peterson said.

SPIRIT AIRLINES LAWYER SAYS JET FUEL PRICE SURGE LEFT CARRIER WITH ‘NO REMAINING WAY OUT’ OF BANKRUPTCY

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Spirit Airlines

Spirit Airlines shut down operations after more than 30 years, prompting online efforts to revive the carrier through crowdfunding. (Spirit Airlines / Fox News)

His proposal is largely modeled after the ownership structure of the Green Bay Packers, the NFL team that is publicly owned.

Spirit announced May 2 that it would cancel all flights and wind down operations “effective immediately.”

The airline said customers who booked directly with Spirit using a credit or debit card would be automatically refunded.

UNITED FLIGHT CARRYING 221 PASSENGERS HITS POLE AND TRUCK ON APPROACH TO NEWARK

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Spirit Airlines commercial airlines takes off from Las Vegas

A Spirit Airlines commercial airliner flies after taking off from Las Vegas International Airport in Las Vegas, Nevada, U.S., February 8, 2024. (Mike Blake / Reuters)

“All flights booked with credit and debit cards are in the process of being automatically refunded,” a spokesperson for Spirit told FOX Business. “The majority of guests who booked travel on a credit or debit card were refunded as of Saturday evening, with a small percentage continuing to process. Refunds may take time to appear in a guest’s account.”

Spirit said the shutdown followed failed restructuring efforts, citing rising fuel costs and an inability to secure additional funding.

“For more than 30 years, Spirit Airlines has played a pioneering role in making travel more accessible and bringing people together while driving affordability across the industry,” Spirit’s President and CEO Dave Davis said in a statement.

UNITED PILOT REPORTS MIDAIR DRONE SCARE NEAR AIRPORT DURING LANDING APPROACH

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Jetblue joined bidding war in April

A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022.  (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty Images / Getty Images)

“… Sustaining the business required hundreds of millions of additional dollars of liquidity that Spirit simply does not have and could not procure,” Davis added. “This is tremendously disappointing and not the outcome any of us wanted.”

Customers who purchased tickets through third-party vendors, including travel agencies, were advised to contact those providers for refunds.

Claims from passengers who booked flights using vouchers, travel credits or loyalty points will be handled through Spirit’s bankruptcy process, the airline said.

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FOX Business has reached out to Spirit for comment.

FOX Business’ Sophia Compton contributed to this report.

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How the Gold Coast Became the New Home of Australia’s Wealthy

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Gold Coast, Australia

A decade ago the Gold Coast was a tourism postcard. Today it is the destination of choice for Australia’s high-net-worth households, and the numbers tell a story of permanent migration that has remade the country’s property map.

Gold Coast, Australia
Gold Coast, Australia

The Gold Coast no longer markets itself to the rich. The rich market themselves to the Gold Coast.

In the calendar year ended December 2025, the Australian Bureau of Statistics recorded Queensland’s net interstate migration at over 35,000 people, the largest gain of any state for the seventh consecutive quarter. The Gold Coast local government area absorbed an outsized share of that flow. CoreLogic dwelling-value data tracking the highest-priced 25 per cent of Australian properties shows the Gold Coast top tier appreciated 18.4 per cent across 2025, outpacing Sydney’s 6.1 per cent and Melbourne’s 2.3 per cent. A broader Gold Coast median of just over a million dollars obscures the pricing reality of its prestige enclaves, where seven and eight-figure transactions have become routine.

The migration is not a tourism anecdote. It is a structural reordering of where Australia’s wealth physically lives.

The decade-long wealth shift

The Gold Coast’s transformation began before COVID, accelerated through it, and has not slowed since. The pandemic provided the catalyst, exposing a generation of Sydney and Melbourne professionals to remote-work flexibility for the first time. What started as temporary work-from-anywhere arrangements solidified into permanent relocations. By the time interstate borders fully reopened in 2022, a measurable share of Sydney’s and Melbourne’s eastern-suburbs and inner-city households had already lodged sale contracts.

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Australian Taxation Office residence-change data, when cross-referenced with state revenue office records, suggests roughly 41 per cent of households moving from New South Wales to Queensland between 2023 and 2025 were in the top two income tax brackets. This is not the retirement migration of a generation ago. The cohort moving north now is in their thirties, forties and fifties. They are buying multi-million-dollar homes, not downsizing into apartments. They are bringing children, school enrolments, family offices, and the second car.

Specific Gold Coast postcodes tell the story most clearly. Mermaid Beach (postcode 4218) recorded a single-property sale at 31.5 million dollars in late 2024, surpassed in 2025 by a 35-million-dollar Hedges Avenue transaction. The Sovereign Islands continue to break their own price ceilings with purpose-built compounds incorporating helipads, private boat moorings and resort-grade swimming pools. Hope Island and Sanctuary Cove, the Gold Coast’s primary golf-and-marina precincts, have become the destinations of choice for departing Sydney financial-services executives and Melbourne professional partners.

The new postcodes of Australian wealth

What separates the current Gold Coast wealth migration from earlier waves is its breadth. The buyers are not all gravitating to a single suburb. The flow has segmented across distinct prestige tiers, each pulling a different demographic.

Mermaid Beach and the Hedges Avenue strip remain the absolute top of the market. Buyers here are predominantly self-made business founders, departing Eastern Suburbs Sydney for absolute beachfront with the privacy a Vaucluse or Mosman compound can no longer reliably provide. Sales prices commonly exceed 20 million dollars. The buyer profile matches what Knight Frank’s Wealth Report would call Australian Ultra-High-Net-Worth, individuals with investable assets above 30 million dollars.

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Burleigh Heads and Palm Beach, immediately south, attract a different cohort. Tech founders, private-equity partners, and successful creatives in their thirties and forties have made these suburbs the country’s clearest example of millennial wealth migration. The 4220 postcode now consistently outperforms many Sydney equivalents on price-per-square-metre for renovated heritage homes within walking distance of beach and cafe culture.

Hope Island and Sanctuary Cove offer the gated-community model with golf, marina and concierge service. The buyer here often originates from Melbourne’s bayside or Sydney’s North Shore and is moving for the lifestyle infrastructure as much as the property itself. Sovereign Islands, behind Sanctuary Cove, takes that proposition further, with bespoke residences whose architects regularly headline Belle and Vogue Living. Movements between these enclaves and the broader Gold Coast property market have created sustained demand on Removalists in Gold Coast operators handling specialty and high-value relocations.

Robina, Mudgeeraba and Reedy Creek, slightly inland, have absorbed the upper-middle wealth tier. Families moving for school options (specifically Somerset, All Saints, Coomera Anglican, and TSS) and the lifestyle balance of beach-plus-hinterland have driven median prices in these suburbs from approximately 700,000 dollars in 2019 to above 1.4 million dollars in 2025. This is the cohort that quietly underwrites the broader prestige market by absorbing the supply at the second tier as the absolute-top buyers concentrate further north on the strip.

Why the rich are making the call

The drivers behind the wealth migration have hardened from preference into structural advantage. Cost is the most cited factor in CoreLogic and Knight Frank buyer-survey data. A four-bedroom Eastern Suburbs Sydney home priced at 7 million dollars commonly exchanges into a comparable specification on Mermaid Beach beachfront at 5.5 to 6.5 million, with change for the renovation. The mathematics works in favour of the Gold Coast across the entire prestige tier.

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Tax considerations come second. Queensland’s land-tax regime, which does not aggregate landholdings across state lines the way New South Wales now does, has become an increasingly cited driver among high-net-worth investors with diversified property portfolios. While both state governments have signalled potential changes, the current asymmetry continues to favour Queensland by a margin that is meaningful for households with three or more investment properties.

Climate and lifestyle round out the trio. The 2024 floods across northern New South Wales and the prolonged heatwaves through Sydney’s western suburbs in early 2025 began to show up in insurance premium data. Households in flood-prone southern postcodes facing 30 to 50 per cent insurance increases are now factoring this into relocation decisions in a way they were not two years ago. The Gold Coast’s subtropical climate, year-round outdoor lifestyle, and proximity to both Brisbane Airport and the Gold Coast Airport for international and domestic travel have become, on the buyer-side calculus, more than amenity. They are decision-shifting variables.

What the move actually looks like

The logistics of relocating a high-net-worth household from Sydney or Melbourne to the Gold Coast carry their own economics. A standard interstate household move runs in the 4,000 to 8,000 dollar range. The kind of relocation now common at the high end of the Gold Coast market routinely runs five to ten times that figure.

Custom timber furniture from Eastern Sydney heritage homes, imported European kitchen appliances, fine art, wine collections, antique pianos and sculptural objects all require specialty handling. Multiple trucks rather than single-truck loads have become standard for the high-end interstate relocation. Climate-controlled transport for wine and art is a routine specification rather than an exception. Bookings frequently extend across multiple weeks rather than single days, with phased moves allowing renovations or new-build settlements to coincide with delivery schedules.

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This is also why interstate removalists serving the Sydney-to-Gold-Coast corridor have been forced to expand specialty fleets and accreditation. Australian Furniture Removers Association membership, full goods-in-transit insurance, and the operational discipline to manage staged moves have become baseline requirements for any operator handling the high end of the corridor.

The capacity strain is structural, not seasonal. Three years ago, Sydney-to-Gold-Coast was largely a fixed-quote, shared-load proposition. Operators ran trucks on a regular schedule and the southbound leg carried near-equivalent freight. The equilibrium has shifted decisively. Northbound flows now dominate. Some interstate routes are essentially one-way trade, with trucks returning lightly loaded or empty. Pricing has lifted across the board over the past 18 months, and lead times that once stretched two to three weeks now extend to eight or ten during peak periods.

The economic ripple

The wealth migration’s secondary effects are now visible across the Gold Coast economy. Private school enrolment at the prestige institutions has climbed beyond capacity, with waiting lists at TSS, Somerset, All Saints and St Hilda’s extending into 2027. Family-office and wealth-management firms that previously dispatched advisers from Sydney and Melbourne for monthly client visits have opened permanent Gold Coast offices. Private banking divisions of the Big Four have expanded their relationship-manager headcount on the Gold Coast by between 30 and 60 per cent over the past three years, depending on the institution.

Restaurants and hospitality at the top of the market have become genuinely competitive with Sydney equivalents for the first time. Two Gold Coast establishments earned Good Food Guide recognition in 2025. The construction sector has tilted decisively toward custom architectural homes over volume product, with bespoke architects and interior designers reporting waiting lists of 18 months or more for new commissions. Marine and aviation services, marina berths and helipad-equipped private estates have all expanded measurably to meet the demand.

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Brisbane 2032 Olympic infrastructure investment, particularly the venues planned in the Gold Coast precinct, has cemented the region’s positioning as Queensland’s prestige destination ahead of the Games. The Gold Coast Light Rail extensions and Coomera Connector roadworks are reshaping the access geography of the entire region. Suburbs that were once considered too far from beach or airport are about to become connected in ways that will produce a second wave of relocation activity, both inward as new corridors open up and outward as long-time residents cash out of suddenly-valuable real estate.

Why now and what comes next

The move-to-the-Gold-Coast trend has historically had counter-cycles. Property booms in the 1980s, mid-2000s, and again in the 2010s drew in waves of southern wealth, with subsequent corrections sending many back. The current migration shows different characteristics. The buyers are younger, the purchase reasons are more lifestyle-driven than speculative, and the underlying drivers (climate, cost-of-living differential, remote-work flexibility, tax structure) appear structural rather than cyclical.

Climate-driven migration is the next frontier. Insurance premium pressure on flood-prone southern postcodes is pushing households toward higher-elevation Queensland alternatives in a way that policymakers and the broader market are only beginning to track. Subtropical Queensland, with its different risk profile, is benefiting at the margins of decisions that previously came down to lifestyle preference alone.

The Brisbane 2032 Olympic Games will function as a multiplier. Olympic infrastructure construction across south-east Queensland is already producing a wave of relocation among construction executives, contractors and specialist trades that will continue through to the opening ceremony. Post-Games, the converted athlete villages and upgraded transport infrastructure will create new prestige residential corridors that did not previously exist. The Gold Coast’s positioning as a co-host venue, rather than a peripheral one, has placed it firmly inside the Olympic property-investment thesis.

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The Gold Coast was once a postcode Australians visited. It is now the postcode where Australia’s wealthy live. The data has confirmed the shift. The only remaining question is how long the country’s traditional wealth corridors in Sydney’s eastern suburbs and Melbourne’s bayside will continue to lose ground.

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Earnings call transcript: Paymentus beats Q1 2026 forecasts, stock dips

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Earnings call transcript: Paymentus beats Q1 2026 forecasts, stock dips

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China’s Cars Aren’t in the U.S., but Its Auto Parts Are Everywhere

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China’s Cars Aren’t in the U.S., but Its Auto Parts Are Everywhere

Chinese cars aren’t on American roads, but Chinese auto parts are embedded in American cars.   

More than 60 auto suppliers in the U.S. today are owned by companies located in China, according to data compiled by the consulting firm AlixPartners. Those include large manufacturers of air bags, automotive glass, and steering systems. Overall, Chinese companies have amassed ownership stakes in about 5% of 10,000 suppliers in America, according to the data.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Ahead of Market: 10 things that will decide stock market action on Monday

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Ahead of Market: 10 things that will decide stock market action on Monday
Domestic equity benchmarks witnessed a sharp selloff on Friday, weighed down by escalating geopolitical tensions between the US and Iran, weakness in the rupee and heavy profit-booking in financial counters. Auto and energy stocks also remained under pressure throughout the session. The 50-share Nifty declined 150.50 points, or 0.62%, to settle at 24,176.15, while the BSE Sensex dropped 516.33 points, or 0.66%, to end at 77,328.19.

Meanwhile, the volatility gauge India VIX ended at 16.84, down by 1.32% from the last closing.

Here’s how analysts read the market pulse

Rupak De, Senior Technical Analyst at LKP Securities, said the mood has further deteriorated as the index also moved below the 50 EMA on the intraday timeframe. In addition, the RSI has re-entered a bearish crossover on the daily chart, reflecting weakening momentum, he said.”Overall, the sentiment appears weak, with heavy call writing visible around the 24,200 strike. If the Nifty sustains below 24,200 on Monday, the index could witness further correction towards the 24,050–24,000 zone. On the other hand, a move back above 24,200 may trigger a near-term recovery rally towards 24,350–24,400,” De said.

US markets

Frontline indices on Wall Street ended in the green on Friday. While Dow 30 closed at 49,609.16, up 12.19 points or 0.02%, the S&P 500 settled 0.84% (61.82 points) higher at 7,398.93. The tech-heavy Nasdaq Composite gained by 440.88 points or 1.71% to finish at 26,247.08.

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European Markets

Most major European indices ended with declines on Friday. UK’s FTSE 100, French CAC, Germany’s DAX, Spain’s IBEX 35 and Stoxx 600 fell between 0.3% and 1.3%.

Tech View

Decoding the charts, Nilesh Jain, Vice President – Head of Technical and Derivative Research at Centrum Finverse, said the markets remained under pressure for the second consecutive session, with the Nifty forming a small-bodied bearish candle on the daily chart. However, the index managed to hold above its 21-DMA support placed near 24,140 levels on a closing basis, he said, adding momentum indicators and oscillators show signs of improvement, with the RSI hovering around 46 levels.

“The broader structure continues to remain sideways to positive, and a gradual recovery towards 24,300–24,500 levels is likely in the near term, while the crucial support of the 50-DMA is placed around 24,000 levels,” Jain said.

Most active stocks in terms of turnover

360 One WAM (Rs 427 crore), Ujjivan State Bank of India (SBI, Rs 269 crore), Craftsman Automation (Rs 211 crore), Lenskart Solutions (Rs 168 crore), Action Construction Equipment (ACE, Rs 151 crore), Titan Company (Rs 109 crore) and HDFC Bank (Rs 102 crore) were among the most active stocks on BSE in value terms. Higher activity in a counter in value terms can help identify the counters with the highest trading turnovers in the day.

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Most active stocks in volume terms

Vodafone Idea (Traded shares: 4.02 crore), YES Bank (Traded shares: 2.03 crore), SpiceJet (Traded shares: 1.33 crore), Ola Electric (Traded shares: 71.29 lakh), Ujjivan SFB (Traded shares: 48.38 lakh), Suzlon Energy (Traded shares: 48.38 lakh) and GAIL (Traded shares: 42.51 lakh) were among the most actively traded stocks in volume terms on BSE.

Stocks showing buying interest

Sonata Software, Titan Company, Kalyan Jewellers India, Thermax, Quick Heal Technologies, Paramount Communications and Suryoday Small Finance Bank were among the stocks that witnessed strong buying interest from market participants.

52-week high

On Friday, 219 stocks hit their 52-week highs while 23 stocks slipped to their 52-week lows. Among the ones which hit their 52-week highs were Acutaas Chemicals, Adani Ports, Angel One, Bajaj Auto, Bharat Forge, CG Power and Finolex Cables.

Stocks seeing selling pressure

Among the largecap names were SBI, Britannia Industries and Coal India. Other stocks which witnessed significant selling pressure were Urban Company, Rossell Techsys, Dalmia Bharat, CCL Products, Globus Spirits, Indoco Remedies and Shakti Pumps.

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Sentiment meter favours bears

Sensex settled lower, dragged by SBI, HDFC Bank and ICICI Bank as the market breadth stood negative. Out of the 4,406 stocks that traded on the BSE on Friday, May 8, 2,020 stocks witnessed advances, 2,217 saw declines, while 169 stocks remained unchanged.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

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UiPath: AI Doesn't Replace It, AI Needs It

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UiPath: AI Doesn't Replace It, AI Needs It

UiPath: AI Doesn't Replace It, AI Needs It

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Earnings call transcript: Palantir Q1 2026 earnings beat, stock drops

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Earnings call transcript: Palantir Q1 2026 earnings beat, stock drops

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Dell: The Stock Is Pricey But I’m Still Dipping Into The Buys (NYSE:DELL)

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Dell: The Stock Is Pricey But I'm Still Dipping Into The Buys (NYSE:DELL)

This article was written by

I aim to provide alpha-generating investment ideas. I am an independent investor managing my family’s portfolio, primarily via a Self Managed Super Fund. My articles deliver 5-Minute Pitches focused on the core fundamental and technical drivers of the security.I have a generalist approach as I explore, analyze and invest in any sector so long there is perceived alpha potential vs the S&P500. The typical holding period ranges between a few months to multiple years.I am very much focused on adding value via alpha generation. I always start with a Performance Assessment section for each follow-up article. I publish unusually detailed analytics on my long-only, zero-leverage global equity portfolio performance on my Hunting Alphas website every month. At Hunting Alphas, you can also access the models to all the tickers I publish on.A bit about how I approach research and coverage of a stock:I build and maintain spreadsheets showing historical data on the financials, key metric disclosures, data on the guidance and surprise trends vs consensus estimates, time-series values of the valuations vs peers, data on key coincident or leading indicators of performance and other monitorables. In addition to the company’s filings, I also keep tabs on relevant industry news and reports plus other people’s coverage of the stock. In some cases, such as during times of a CEO change, I will do a deep dive on a key leader’s background and his/her past performance record.I very rarely build DCFs and project financials many years out into the future as I don’t think it adds much value. Instead, I find it more useful to assess how a company has delivered and the broad outlook on the 5 key drivers of a DCF valuation: revenues, costs and margins, cash flow conversion, capex and investments and the interest rates (which affect the discount rate/opportunity cost of capital). In some cases, especially for companies trading at very high multiples on a TTM or 1-yr fwd basis, I do a reverse DCF to make sense of the implied growth CAGR implications.Note: Hunting Alphas is related to VishValue Research on Seeking Alpha.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Wall Street Week Ahead | Seeking Alpha

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Wall Street Week Ahead | Seeking Alpha

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.

LeoPatrizi/E+ via Getty Images

Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition.

Wall Street heads into the new week with investors focused on inflation data, a wave of AI-related IPOs, and fresh insight into institutional positioning through quarterly 13F filings.

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The April Consumer Price Index report on Tuesday will be the key macro event, with economists expecting core inflation to hold steady at an annual rate of 2.6%. Retail sales data later in the week will provide another read on consumer demand and the broader economic backdrop.

The IPO market will also be in the spotlight. AI chipmaker Cerebras Systems (CBRS) is expected to headline a busy week for new listings, targeting a valuation that could raise as much as $3.5B. Other anticipated debuts include geothermal company Fervo Energy (FRVO) and Blackstone Digital Infrastructure Trust (BXDC), underscoring continued investor appetite for AI and data center themes.

Earnings reports from Cisco (CSCO), Alibaba (BABA), Applied Materials (AMAT), and JD.com (JD) will offer additional insight into technology spending and global demand trends.

Friday’s 13F filing deadline could also drive market moves as investors review institutional holdings from the first quarter. Meanwhile, updates on consumer credit card delinquencies from major banks will be watched for signs of financial stress.

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Earnings spotlight: Monday, May 11: Simon Property Group (SPG). See the full earnings calendar.

Earnings spotlight: Tuesday, May 12: Oklo (OKLO). See the full earnings calendar.

Earnings spotlight: Wednesday, May 13: Tencent (TCEHY), Cisco (CSCO), and Alibaba (BABA). See the full earnings calendar.

Earnings spotlight: Thursday, May 14: Applied Materials (AMAT). See the full earnings calendar.

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Insider Watch

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Check out the week’s top insider trades, highlighting significant purchases and sales by investors, directors, and executives. Notable transactions took place at Intel (INTC), Bank of America (BAC), and Pinterest (PINS).

After more than five years on Seeking Alpha, Stephen Tobin has launchedStrategic Wave Investments, an Investing Group focused on uncovering high-potential opportunities in the “Deep Tech” small-cap frontier. With a background spanning Bank of America, an MBA, and professional expertise in accounting and valuation, Stephen combines academic rigor with real-world experience navigating multiple market cycles, from the Dot Com bubble to the 2008 financial crisis.

Read about his latest idea:

(Free Full Article) Solid Power (SLDP) has made meaningful progress toward commercializing its solid-state battery technology, prompting the author to upgrade the stock to a Buy. Confidence in SLDP securing adoption by a major auto OEM has risen significantly, driven by advances in manufacturing, strategic partnerships, and a more scalable business model.

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Rather than manufacturing batteries itself, SLDP now focuses on licensing its technology and supplying proprietary sulfide electrolytes that can integrate into existing lithium-ion production lines at a fraction of the cost of building new facilities. Partnerships with BMW, SK On, and Samsung SDI validate the technology and accelerate commercialization timelines.

SLDP’s key advantage lies in compatibility with current roll-to-roll battery manufacturing infrastructure, creating a strong competitive moat against rivals like QuantumScape. The company is also scaling production capacity and moving toward continuous manufacturing.

While risks remain, including competition and execution challenges, the author believes SLDP is now one of the leading contenders in the race to disrupt the EV battery market.

Strategic Wave Investments helps members cut through hype and identify real commercial breakthroughs across sectors like quantum sensing, biotech, and electrification. The service offers full transparency through real-money portfolios, dual strategies ranging from high-conviction long-term investments to tactical trading, and institutional-grade research backed by primary insights. Join now to lock in early access pricing at just $599 per year before the price increases to $699. Learn more >>

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DNA Breakthrough Brings Investigators ‘Closer’ After 100 Days

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Zayed International Airport Abu Dhabi International Airport

TUCSON, Ariz. — Pima County Sheriff Chris Nanos said Thursday that investigators are “closer than ever” to solving the abduction of 84-year-old Nancy Guthrie, citing significant progress in DNA analysis and new leads as the case reaches the 100-day mark with no arrests but renewed optimism for a breakthrough.

Nancy Guthrie
Nancy Guthrie

The update came during a media briefing as authorities confirmed that advanced forensic testing on evidence collected from Guthrie’s Catalina Foothills home has produced promising results. A rootless hair sample and potential glove DNA recovered from the scene were sent to the FBI laboratory in Quantico for advanced testing, including genetic genealogy. Sources familiar with the investigation say preliminary results have generated new investigative avenues that were not available in the early weeks of the case.

Nancy Guthrie vanished from her secure residence on February 1, 2026. Security footage captured a masked individual near her door around the time of her disappearance. Blood evidence, a disabled Ring camera, propped-open doors and signs of a struggle led authorities to classify the incident as an abduction rather than a voluntary departure. No ransom has been paid, and no suspect has been publicly identified despite thousands of tips and an active FBI investigation.

Savannah Guthrie, co-anchor of NBC’s “Today” show, has balanced public pleas for information with her professional duties. In a recent appearance, she expressed quiet hope while wearing yellow — a color of hope — and thanked the public for continued support. The family has offered a $1 million reward for information leading to Nancy’s safe return or the arrest of those responsible.

The unrelated discovery of ancient human bones near the home earlier this week briefly raised false hopes before forensic analysis ruled them out. That incident, while disappointing, demonstrated the thoroughness of search efforts in the desert terrain surrounding the Catalina Foothills neighborhood.

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Profilers and Forensic Experts Weigh In

Criminal profilers have suggested the perpetrator may have sought fame or had some personal connection to the victim. The brazen nature of the crime in a secure community has puzzled investigators. Some experts believe it began as a burglary that escalated, while others have raised the possibility of targeted retribution.

Behavioral analysis indicates the masked individual appeared comfortable inside the home, suggesting possible prior familiarity. Forensic nurse and profiler Dr. Ann Burgess noted in a recent analysis that the perpetrator’s demeanor on doorbell camera footage showed “coolness under pressure,” traits consistent with someone who may have planned the act or acted out of personal motive.

Advanced DNA techniques, including genetic genealogy, remain the strongest hope for resolution. The involvement of elite labs and profilers underscores the case’s priority. As testing progresses, authorities balance optimism with realism.

Community Support Remains Strong

The Catalina Foothills neighborhood continues to display yellow ribbons symbolizing hope. Neighbors and the broader Tucson community have participated in searches and vigils. National media coverage, fueled by Savannah Guthrie’s platform, has kept the case visible while the family urges focus on verified facts rather than speculation.

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Elizabeth Smart, the abduction survivor who was held captive for nine months in 2002, has publicly expressed hope that Nancy could still be alive. “I absolutely believe Nancy could still be alive,” Smart said in a recent interview. She has offered private support to the Guthrie family and continues advocating for improved missing persons protocols, especially for elderly victims.

Investigation Challenges and Inter-Agency Coordination

The case has occasionally exposed tensions between local and federal agencies. FBI Director Kash Patel publicly criticized early coordination, though officials now describe joint efforts as productive. Hundreds of law enforcement personnel have been involved at various stages, with resources dedicated to surveillance review, canvassing and tip-line management.

Multiple ransom-style notes received by media outlets have complicated the investigation. Experts have questioned their authenticity, suggesting some may be hoaxes intended to insert the sender into the spotlight. No credible proof of life has emerged in more than 100 days, yet authorities continue to operate under the assumption that Nancy could still be found alive.

Family’s Resilience Amid Uncertainty

Savannah Guthrie and her family continue balancing public advocacy with private grief. The emotional toll has been evident, yet Savannah has returned to her anchoring duties, wearing yellow during several appearances as a quiet public statement of hope. The family has five children between them and is navigating the ordeal while trying to maintain normalcy for the younger ones.

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Friends and former colleagues have rallied around them. Hoda Kotb, a close confidante, has been vocal in her support. The “Today” family has worn ribbons and displayed symbols of hope on air at times.

Path Forward and Public Appeal

Sheriff Nanos has vowed to continue dedicating resources to the investigation. “This case is not going away,” he said. “We owe it to Nancy and her family to keep pushing.” Whether his department’s efforts will lead to a breakthrough before the 100-day mark remains to be seen, but the pressure is clearly mounting as the days pass without resolution.

Police have renewed their plea for tips, stressing the investigation will remain active until Nancy is located or all leads exhausted. Speculation about the suspect’s possible death or relocation adds urgency to forensic breakthroughs.

The disappearance of Nancy Guthrie has highlighted vulnerabilities even in protected communities and the enduring power of hope in the face of uncertainty. Whether the case ends in a joyful reunion or brings closure through other means, it has already left an indelible mark on those following the story — a testament to one family’s resilience and a community’s determination to bring answers home.

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As the investigation enters its fourth month, the Guthrie family and law enforcement refuse to give up. For now, the search continues, supported by a survivor’s empathy, a family’s strength, and a sheriff fighting to deliver justice in one of Arizona’s most high-profile missing persons cases.

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Verizon: The Buy Case Still Holds After Q1 (NYSE:VZ)

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Verizon Stock: Caution Is Warranted, Despite The Strong Fundamentals (NYSE:VZ)

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I am a lawyer with a strong personal interest in investing and fundamental equity research. Over time, I developed a particular interest in small-cap companies, where I believe careful analysis can uncover businesses that are still misunderstood, underfollowed, or mispriced by the market. My goal is to identify companies with attractive long-term potential, solid business models, and a margin of safety that may not be fully reflected in their current valuation.My professional background in law has shaped the way I approach investment research. Legal training requires close reading, attention to detail, disciplined reasoning, and the ability to evaluate risk from multiple angles. I bring that same mindset to investing, particularly when analyzing corporate filings, disclosures, governance issues, business quality, and management communication. I am especially interested in understanding not only what a company reports, but also how its strategy, incentives, and risk profile may affect long-term shareholder outcomes.I am writing on Seeking Alpha because I enjoy the research process and value the opportunity to share ideas with a serious investing community. Writing helps me refine my own thinking, test my investment theses, and engage with other investors who also appreciate disciplined, independent analysis.

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